In its latest round of the spectrum incentive auction, the FCC is hoping to clear 84 MHz in the fourth stage of its reverse auction. That’s down from the 108 MHz target in the last round.
Two rounds of bidding will be conducted per day, one hour each, on Dec. 13-16 (at 10 a.m. and 4 p.m. ET), with three rounds beginning Dec. 19 and continuing if necessary until further notice (at 10 a.m., 1 p.m. and 4 p.m.).
The FCC said Bidding will be suspended after the second round (1:00 p.m. – 2:00 p.m. ET) on Friday, Dec. 23, and there will be no bidding from Monday, Dec. 26, through Monday, Jan. 2, 2017, in observance of the holiday period. Shortly before this holiday break, the commission will announce the bidding schedule that will be used when bidding resumes on Tuesday, Jan. 3, 2017.
The base clock price has been reset to $900 per unit of volume for Stage 4 of the reverse auction, the FCC said. The price decrement for Round 1 of Stage 4 of the reverse auction will be 5% of the reset base clock price.
The latest target for the auction is $40.3 billion.
